26. TRADE PAYABLES

Trade payables may be broken down as follows:

(in thousands of euro)
 
  		12/31/2011 12/31/2010
Totale Non-current Current Total Non-current Current
Suppliers 1,365,402 - 1,365,402 1,054,661 - 1,054,661
Notes payable 17,370 - 17,370 11,700 - 11,700
  1,382,772 - 1,382,772 1,066,361 - 1,066,361

 

For trade payables, the carrying amount is considered approximate to their fair value.